LIFELINE FOR THE EMPOWERMENT AND DEVELOPMENT OF CONSUMERS INC

LIFELINE FOR THE EMPOWERMENT AND DEVELOPMENT OF CONSUMERS INC

Painesville, OH, US
501(c)3
EIN
23-7317490

LIFELINE FOR THE EMPOWERMENT AND DEVELOPMENT OF CONSUMERS INC

Painesville, OH, US
501(c)3
EIN
23-7317490

Overview

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Est.

1973

Fiscal Year Start

Jan 1

Organization Type

Grantseeker
AI Summary
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Lifeline for the Empowerment and Development of Consumers Inc is a nonprofit organization dedicated to providing emergency assistance, budget counseling, and life skills training to improve self-sufficiency. With an operating budget of $3.5 million and total revenue of $3 million for the 2024 filing year, the organization relies on multiple funders without a single source contributing 50% or more of its revenue. More information about their programs and services can be found on their website, LCLIFELINE.ORG.

Mission Statement

TO PROVIDE EMERGENCY ASSISTANCE, BUDGET COUNSELING AND LIFE SKILLS TRAINING TO IMPROVE SELF-SUFFICIENCY.
Revenues

$3M

Expenses

$3.5M

Net Income:
-$421.8K
Assets

$1.2M

Liabilities

$214.2K

Net Assets:
+$951.2K
Operating Budget

$3.5M

Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants

2

Median grant size
$53.4K
Largest grant received
$95.7K
C
Carrie Dotson
Board Member
A
Aaron Burko
Board Member
S
Sarah Welch
Board Member

Frequently Asked Questions

What is LIFELINE FOR THE EMPOWERMENT AND DEVELOPMENT OF CONSUMERS INC’s budget?
In 2024, LIFELINE FOR THE EMPOWERMENT AND DEVELOPMENT OF CONSUMERS INC reported an annual operating budget of around $3.5 million. More detailed financial information is available to registered users.
What causes does LIFELINE FOR THE EMPOWERMENT AND DEVELOPMENT OF CONSUMERS INC support?
LIFELINE FOR THE EMPOWERMENT AND DEVELOPMENT OF CONSUMERS INC supports work in Basic and emergency aid.
Where does LIFELINE FOR THE EMPOWERMENT AND DEVELOPMENT OF CONSUMERS INC operate?
LIFELINE FOR THE EMPOWERMENT AND DEVELOPMENT OF CONSUMERS INC is headquartered in Painesville, OH.
Who funded LIFELINE FOR THE EMPOWERMENT AND DEVELOPMENT OF CONSUMERS INC recently?
In 2024, LIFELINE FOR THE EMPOWERMENT AND DEVELOPMENT OF CONSUMERS INC received grants from UNITED WAY OF LAKE COUNTY INC, FRONTSTREAM GLOBAL FUND, and UNITED WAY OF LAKE COUNTY INC. More information on this organization’s funders is available to registered users.
What is the largest grant LIFELINE FOR THE EMPOWERMENT AND DEVELOPMENT OF CONSUMERS INC received in 2024?
The largest grant to LIFELINE FOR THE EMPOWERMENT AND DEVELOPMENT OF CONSUMERS INC in 2024 exceeds $96 thousand.
What is LIFELINE FOR THE EMPOWERMENT AND DEVELOPMENT OF CONSUMERS INC’s reliance on government grants?
LIFELINE FOR THE EMPOWERMENT AND DEVELOPMENT OF CONSUMERS INC relied on government grants for more than 85% of their total revenue in 2024.
Overview
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